Collinson FX Market Commentary: July 1, 2014 - NZ Economy hits wallBy Collinson FX, ,
10:23 PM Tue 1 Jul 2014
July 1, 2014: Wheeler has embarked on an aggressive monetary policy to raise rates in an effort to combat inflationary pressures and fight the real estate bubble in Auckland. He has succeeded in slowing economic activity, by raising the cost of capital and boosting the KIWI, which has been a body blow to the all-important trade sector. ...[more]

Collinson FX Market Commentary: June 28, 2014 - Directional changesBy Collinson FX, ,
10:41 AM Mon 30 Jun 2014
June 28, 2014: The week ahead has many reasons for some quantum directional changes, with important Employment data out in the US, while the ECB and RBA rate decisions ensure Central Banks dominate. This should be a massive week, but shortened, with the Independence Day holiday on Friday in the USA! ...[more]

Collinson FX Market Commentary: June 25, 2014 - AUD up KIWI downBy Collinson FX, ,
12:56 AM Thu 26 Jun 2014
June 25, 2014: Equities were mixed again overnight but were perched at record levels due to growing economic confidence. The hand brake is the Geo-Political developing crises in the Middle East and the Ukraine. The Middle East has the ability of igniting the whole region which would be catastrophic for oil and the global economy. The Ukraine has the potential to impact an already impaired European ...[more]

Collinson FX Market Commentary: June 24, 2014 - AUD picks back upBy Collinson FX, ,
1:16 AM Wed 25 Jun 2014
June 24, 2014: The KIWI holds 0.8700. European markets fell after manufacturing and services PMI dropped lower in France, Germany and the EU. Hardly surprising for the socialist basket case that is the bureaucratic lead EU and the ECB! The EUR traded around 1.3600, reflecting the state of the single market, while the GBP battled back to 1.7025. ...[more]

Collinson FX Market Commentary: June 21, 2014 - KIWI climbs ladderBy Collinson FX, ,
10:34 PM Sun 22 Jun 2014
June 21, 2014: The EUR struggles at 1.3600 while the GDP has held 1.7000 reflecting the weakness of the reserve currency. NZD has regained 0.8700, driven by a hapless RBNZ and carry trade,attracting capital flows. The rising interest rates will impact the economy hard and Wheeler will realise his presumption. NZ trade data release this week may be the first symptom. ...[more]

Collinson FX Market Commentary: June 20, 2014 - NZ GDP improvesBy Collinson FX, ,
10:24 PM Fri 20 Jun 2014
June 20, 2014: US stocks were mixed again today, hovering just below record levels, supported by the Fed's extension of low interest rates. Yellen confirmed the recovery was underway and reduced the QE by a further $10 Billion. The AUD trades around 0.9400 and the KIWI holds above 0.8700 with NZ GDP continuing to improve, encouraging the RBNZ, in their tightening monetary policy. ...[more]

Collinson FX Market Commentary: June 19, 2014 - KIWI Up AUD DownBy Collinson FX, ,
12:22 AM Fri 20 Jun 2014
June 19, 2014: This assisted the associated currencies, with the AUD back to 0.9400, while the KIWI breaks back above 0.8700. Destruction of the Dollar and the defective EURO are the consequences of failing monetary and fiscal policies and will ultimately burst the equity bubble. ...[more]

Collinson FX Market Commentary: June 18, 2014 - AUD loses groundBy Collinson FX, ,
1:26 AM Thu 19 Jun 2014
June 18, 2014: The AUD has lost ground and looks vulnerable, around the 0.9340 mark, while the KIWI has settled around 0.8650. The carry trade has the potential to overwhelm the fears over economic contraction in the NZ economy. ...[more]

Collinson FX Market Commentary: June 17, 2014 - KIWI's meteoric riseBy Collinson FX, ,
10:39 AM Tue 17 Jun 2014
June 17, 2014: The KIWI's meteoric rise, due entirely to the RBNZ, and the corresponding rise in interest rates is having an impact. The economy is now starting to show the effects of RBNZ aggressive policies contradicting trading partners monetary policy. The AUD continues to trade steadily around 0.9400 ...[more]

Collinson FX Market Commentary: June 13, 2014 - Sentiments changeBy Collinson FX, ,
11:38 AM Fri 13 Jun 2014
June 13, 2014: Sentiment has changed this week with equities hit hard again. Once again, there was little in the way of economic data release, but the bubble is testing all-time record highs. Retail Sales improved but not to the degree expected and Jobless Claims rose. ...[more]

Collinson FX Market Commentary: June 12, 2014 - Alice in WonderlandBy Collinson FX, ,
1:48 PM Thu 12 Jun 2014
June 12, 2014: The RBNZ has no such luck with a leader who lives in Alice in Wonderland. He has raised rates in an attempt to reel in regional real estate bubbles ignoring the cost to the economy. He has raised the cost of capital and hit economic growth. The trade sector will be smashed as the NZD rises due to interest rate differentials and the resultant carry trade. ...[more]

Collinson FX Market Commentary: June 11, 2014 - Swinging marketsBy Collinson FX, ,
11:29 AM Wed 11 Jun 2014
June 11, 2014: The AUD traded around 0.9350, despite a contraction in Job Advertisements and a deterioration in Business Conditions, reflecting some positive economic conditions emerging. The pressure from the RBNZ, to force the NZD lower, has begun to subside with the interest rate differentials encouraging the KIWI back towards 0.8500. ...[more]

Collinson FX Market Commentary: June 7, 2014 - The alternate UniverseBy Collinson FX, ,
6:01 PM Sat 7 Jun 2014
Equities made every post a winner, surging to yet another record, all-time high! European markets were stable and the single currency reflected this, trading 1.3650 while the GBP was 1.6800. This stability was shared to close the week out in Asia with the AUD trading 0.9340 and the KIWI around 0.8500. ...[more]

Collinson FX Market Commentary: June 6, 2014 - Negative deposit ratesBy Collinson FX, ,
1:20 AM Sat 7 Jun 2014
Central Bank monetary expansionism hit new lows with the bank being the first to offer a negative deposit rate (-0.10%).
The AUD continued to climb, back to 0.9330. The KIWI reversed recent weakness, jumping to just under 0.8500, amidst the ECB fallout. ...[more]

Collinson FX Market Commentary: June 5, 2014 - KIWI weak and stalledBy Collinson FX, ,
12:49 PM Thu 5 Jun 2014
The KIWI remains weak and stalled under the yoke of a repressive interest rate regime, imposed by a delusional Central Banker, who fails to understand the supply side of the equation.
The NZD drifted back to test the 0.8400 on the downside. European and US markets keenly await the much anticipated and telegraphed expansion of monetary policy. ...[more]